Settings8H · net · $10k
Funding arb · Price arb /

REZ

all REZ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0006%/8h= −0.7% APRnext payment $0.03 per $10,000 · paid last 24h +0.003%
Price spread now: Bybit against BingX+0.208%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1301.296% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.175%−$18 on $10k
Price spread, last 7 days−0.107%−$11 · spread now +0.208%, 7d avg +0.080%
Together, before fees−0.282%−$28 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.129% dearer against BingX than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.080%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX REZ-USDT0.0038390.0106pay 0.0053% / 4h1h 35m$6.6M
ShortBybit REZUSDT0.0038470.0100get 0.0050% / 4h1h 35m$1.5M$1.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BingX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$1.26
Price spread: +0.208% → +0.080%
$12.89
Slippage, 4 orders
−$108.55
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$117.93
Costs to cover
1.296%
Break-even
never at this rate
Slippage from BingX: live order book, 1 min ago; Bybit: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 1 min ago5.20 bp19.1 bp −$1947.9 bp −$479539.9 bp −$54.0Kdoesn't fit
Sell Bybit live order book, 1 min ago3.90 bp38.1 bp −$38140.4 bp −$1,404doesn't fitdoesn't fit

REZ on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster REZUSDT+0.0100%4h0.003837−0.045%$18K$37K5xas long as short
Binance REZUSDT+0.0100%4h0.003838−0.032%$4.9M$8.9M50xas long as short
Bybit REZUSDTshort+0.0100%4h0.003847+0.208%$1.5M$1.0M25x
Gate REZ_USDT+0.0100%4h0.003845+0.156%$399K$127K10xas long as short
MEXC REZ_USDT+0.0100%4h0.0038390.000%$1.3M$420K50xas long as short
KuCoin REZUSDTM+0.0100%4h0.003838−0.026%$454K$94K30xas long as short
Bitget REZUSDT+0.0100%4h0.003837−0.052%$594K$1.2M50xas long as short
Variational Omni REZ+0.0100%4h0.003859+0.522%$78K$40Kas long as short
BingX REZ-USDTlong+0.0106%4h0.003839long leg$6.6M
BloFin REZ-USDT+0.0158%4h0.003842+0.078%$325K$50K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_REZUSD+0.0236%1h0.003837−0.056%$44K$10K10xas long as short
Hyperliquid REZ+0.0471%1h0.003846+0.182%$1.6M$501K3xas long as short